tomo logo

$465,000

Beds
4
Baths
2.0
sq ft
1,866

624 S Molalla Ave, Molalla, OR 97038

624 S Molalla Ave

Molalla, OR 97038

  • Pending
Step into a piece of history with The Park Home, a historic gem that exudes classic charm and modern conveniences. As you enter, you are greeted by a spacious front room and entryway with high ceilings, showcasing the original oak and fir floors that run throughout the home. The cozy woodstove adds warmth and character, while the abundance of natural light highlights the refreshed interior paint, unpainted original millwork and built-ins. The inviting open functional layout seamlessly flows into the large, bright kitchen, complete with floor-to-ceiling cabinetry and a kitchen sink window that offers picturesque views of the historic Dibble House, built in 1859, as well as peeks of Mt. Hood. The main floor features a master bedroom with dual closets and a master bathroom. Large bedrooms with optimal storage complete the upstairs. Many updates throughout the home including a new hot water heater and electrical panel, ensuring peace of mind for new owners. A large mudroom leads to the laundry area and additional storage room, providing convenient access to the back or side yard. The exterior of the craftsman home shines with new paint, a new roof on the detached garage, and cedar fencing. The spacious backyard boasts fertile Molalla River soil, perfect for cultivating a thriving vegetable garden, while a beautifully crafted shed boasts opportunity for a sauna or art space made of locally sourced and milled Port Orford Cedar and Doug Fir. Located just steps away from downtown Molalla enjoy easy access to the vibrant community with its array of restaurants, shops, and parks. For outdoor enthusiasts, convenient access to the Molalla River Corridor offers endless opportunities for hiking, biking, swimming, fishing, and more!

Details

Property type

Single Family Residence

Est. home value

$427,712

Lot size

0.27 acres

Price per sq ft

$250

Year built

1915

Annual property taxes

$2,642.64

Price History

10/02/2024
PortlandOR

PortlandOR #24580301

Pending
$465,000
09/19/2024
PortlandOR

PortlandOR #24580301

Listed
$465,000
+10.95%
06/12/2023
PortlandOR

PortlandOR #23026897

Sold
$419,125

Schools & Community

Elementary school: 

Molalla

Middle school: 

Molalla River

High school: 

Molalla

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$97,994
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$329,806
Cash to seller
$97,994

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homestreet Bank

Loan start date

June 2023

Original loan amount

$335,300

Est. remaining balance

$329,806

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Molly K Campbell and Jaden Watson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
PortlandOR
$475,000
4 bd
|
2 ba
|
1,560 sq ft
|
House

270 Probe St, Molalla, OR 97038

PortlandOR
$439,000
4 bd
|
2 ba
|
2,232 sq ft
|
House

354 NE 4th Ave, Canby, OR 97013

PortlandOR
$465,000
4 bd
|
2 ba
|
1,284 sq ft
|
House

650 Mary Dr, Molalla, OR 97038

Status: Pending/Under Contract

Tomo last checked: 11/09/2024 at 10:25 PM

Listing updated: 11/09/2024 at 1:08 AM

Listed by: Amy Cerruti, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24580301

PortlandOR logo

Recently listed in Molalla

$235,000|2 bd|2.0 ba|Manufactured
$459,000|3 bd|2.0 ba|House
$825,000|4 bd|1.0 ba|Townhouse
$465,000|4 bd|2.0 ba|House
$350,000|3 bd|2.0 ba|Manufactured
$398,000|3 bd|2.0 ba|Manufactured
$899,000|3 bd|2.0 ba|House
$590,000|2 bd|2.0 ba|House
$595,000|5 bd|3.0 ba|House
$615,000|5 bd|2.5 ba|House